“In two major developments this week, President Trump has been labeled in the parlance of criminal investigations as a major subject of interest, complete with an opaque legal code name: Individual 1.” That lede from WaPo is understated in a way that could only be possible after two years of absorbing news that is not normal. Trump emerges as a central subject of Mueller probe.

+ “A candidate for the Presidency, throughout his primary campaign, was actively pursuing a business deal that required a favor from the President of a rival nation.” (Just stop and think about that for a second. This part is a given and admitted by all at this point.) Adam Davidson (who has followed Trump’s finances and international deals for years) in The New Yorker with another understated headline: Michael Cohen’s Disclosures Raise Serious Questions About Donald Trump and His Business Interests.

+ Buzzfeed’s Anthony Cormier and Jason Leopold (who reported what Michael Cohen just admitted six months ago): The Trump Organization planned too give Vladimir Putin the $50 million penthouse in Trump Tower Moscow.

+ Long after every other bank stopped taking Donald Trump’s calls, Deutsche Bank kept giving him massive loans. Their officers were just raided in connection with a money laundering investigation. (At this point, Follow the Money is not an investigative technique, it’s an extreme endurance sport.)